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Property profile & analytics
FOR SALE
Office Spaces

2415 Mullins Ave Alamosa, CO 81101

6,279 SF 1.33 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1699361
Property summary
AI-generated overview

This exceptional investment opportunity presents a 6,279 square foot office complex ideally situated in Alamosa, CO, at 2415 Mullins Avenue. The property boasts a prime location near major retail establishments, ensuring high visibility and accessibility. The complex comprises three substantial office spaces, each offering open areas, waiting rooms, and private offices, designed to maximize functionality and comfort. Ample parking is available for both staff and clients. Adding to its appeal are two large storage units situated on the 1.33-acre lot. The building features a shared common area, enhancing tenant privacy while providing convenient amenities. This includes separate men's and women's restrooms and a versatile meeting room equipped with a kitchen. Each office space benefits from abundant natural light, along with efficient heating and air-conditioning systems. Currently generating a strong monthly rental income of $7,800 from long-term, established tenants, this property represents a stable and lucrative investment. Its convenient location and well-maintained condition make it an attractive proposition for discerning investors seeking a high-return asset in a thriving commercial area. The property's size and features make it suitable for a variety of business types. This is a rare opportunity to acquire a well-established, income-producing office complex in a desirable location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,279 SF
Lot 1.33 ac (57,978 SF)
APN 541304322108
UPID US13-1699361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DYLAN BROWN AGENCY-MEDICARE HELP AND FARMERS INSURANCE Insurance Agency
  • Fleming & Fleming LLC: Fleming Leslie K CPA Accounting Firm Tax Preparation
  • Fleming & Fleming LLC Tax Preparation
  • Kenneth Dorner Dental Office
  • Tate Harrington Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$748k
Blend (final) Blend
$740k
Owner & transaction history
The Center Parts Store INC · 4 yrs held
The Center Parts Store INC
since 2021
Last sale
$782,000
3 recorded transactions
2021
$782,000
2017
Price N/A
2017
$670,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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